Bitcoin Price Quotes in Simple English (August 28, 2025): Price Status: Currently, the price of Bitcoin is $113,000 USD (US$113,100). Yesterday's price fluctuated little, resembling a "spindle." Recently, there have been slightly more buyers. Market Sentiment: Although the price has risen slightly, many small investors are still a bit panicked. There are currently two main groups of people in the market: those who are buying at the bottom and those who want to sell at a loss. Key Price Levels: 1.55 million Bitcoins are accumulated in the $105,000-$107,000 range (many people bought here). 1.54 million Bitcoins are accumulated in the $93,500-$98,500 range. Market Forecast: There may be a short-term rebound, but not much. It may take some time for the correction to truly end. $108,000 is a key support level, and unless something major happens, it's unlikely to fall below it. The next dip may test this support level again. In short, there's a small rebound, but the correction isn't complete yet. The key is whether the $108,000 level can hold.